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How will companies get refunds now that the U.S. Supreme Court has rejected Trump's tariffs?
The Supreme Court’s ruling invalidating Trump-era tariffs sets the stage for a complex, potentially years-long refund battle that could force importers to sue to recover billions.
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Reuters - Fri, 20, Feb 2026
- 14:40 EST
- 15
A cargo ship full of shipping containers is seen at the port of Oakland, California, U.S., August 4, 2025. / REUTERS/Carlos Barria
The U.S. Supreme Court said on Friday that tariffs imposed by President Donald Trump under an economic emergency law were illegal. The court did not say how the government should refund the illegal tariffs, worth an estimated $175 billion.
How are tariffs collected?
For nearly all goods subject to tariffs, an importer posts a bond with the Customs and Border Protection agency and pays an estimated tariff on the merchandise to bring it into the United States.
ALSO READ: A WIN: Indian American lawmakers hail SCOTUS tariffs ruling
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